Current Bull Market - what has defined it and how will it play out...
- T.Rowe Price
- Oct 31, 2017
- 1 min read
Executive Summary
We are in the midst of one of the strongest runs for equity markets in history, but although this bull market may be mature, there are reasons to remain encouraged.
Secular changes in the world should mean that inflation remains in control, and therefore monetary tightening should remain gradual. This has historically provided a good environment for equity returns.
Our positions are driven by our fundamental and stock-specific views. We remain excited by many areas of the market where investors’ can continue to benefit from change and disruption.
Overall, we remain constructive and see enough drivers in place to provide support to equity markets, even at these more elevated levels.